Author: user

City of Willmar receives good news for its general obligation bond issuance – West Central Tribune

Bond

[ad_1] WILLMAR — The Willmar City Council on Monday received good news before approving the sale of $4.065 million in general obligation bonds to fund the 2025 street improvement projects.The bonds will be issued by Northland Securities and have a term of 15 years at an interest rate of 3.81%, according to Jake Emeott of Baker Tilly, who noted that when structuring the bonds in early to mid-June, Baker Tilly was showing a true interest cost of 4.32%. “It’s a very good sale for the city,” Emeott commented. The total principal of the bonds is $4.065 million plus interest of…

Read More

First Bank (NASDAQ:FRBA) Is Due To Pay A Dividend Of $0.06

NASDAQ News

[ad_1] First Bank (NASDAQ:FRBA) will pay a dividend of $0.06 on the 22nd of August. Including this payment, the dividend yield on the stock will be 1.6%, which is a modest boost for shareholders’ returns. We’ve found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. The dividend yield is a little bit low, but sustainability of the payments is also an important part of evaluating an income stock. Having paid out dividends for 9 years, First Bank has a good history of paying out a part…

Read More

Stock Market Crash: Famed Market Bear Warns of ‘Everything Bubble’

Bond

[ad_1] Société Générale’s Albert Edwards, famed for calling the dot-com bubble leading up to the 2000 crash, is again warning investors of a potentially painful plunge ahead.In his latest note to clients this week, Edwards said US stocks and home prices are in an “everything bubble” that he thinks could soon pop.Stock valuations are indeed steep. The Shiller cyclically-adjusted price-to-earnings ratio sits at 38, one of its highest levels ever, and both the trailing and forward 12-month PE ratios of the S&P 500 are historically high.To Edwards, this doesn’t sit well with the fact that long-term interest rates have been…

Read More

Here are 3 ways to think about Nvidia stock

News

[ad_1] Fortunes have been made by many, thanks to investing in chip giant Nvidia (NASDAQ: NVDA). Nvidia stock has soared 1,576% over the past five years. It is now the most valuable listed company in the world. I continue to weigh my options when it comes to investing. I would be happy to own Nvidia stock in my portfolio — but I am not willing to pay the current price. In making my decisions, I have been trying to think about the share from different perspectives. Here are three of them. Artificial intelligence (AI) has some signs of being a…

Read More